SES AI shares are trading higher after the company announced a collaboration with NVIDIA, Crusoe and Supermicro on AI for scientific initiative to accelerate material discovery in electric transportation.
Portfolio Pulse from Benzinga Newsdesk
SES AI shares rise following a collaboration announcement with NVIDIA, Crusoe, and Supermicro to enhance AI-driven material discovery in electric transportation.
September 17, 2024 | 11:50 am
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POSITIVE IMPACT
NVIDIA is part of a collaboration with SES AI, Crusoe, and Supermicro to use AI for material discovery in electric transportation, potentially boosting its AI segment.
NVIDIA's involvement in this collaboration highlights its continued focus on AI applications, which could enhance its reputation and market position in the AI sector.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
SES AI's stock is trading higher due to a new collaboration with NVIDIA, Crusoe, and Supermicro aimed at using AI to accelerate material discovery in electric transportation.
The collaboration with major tech companies like NVIDIA and Supermicro is likely to enhance SES AI's capabilities in electric transportation, a growing sector, thus positively impacting its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100